Mahindra Holidays & Resorts zooms on getting nod to enter into ‘Leisure Hospitality’
The Board of Directors of the Company at its meeting held on November 19, 2025 has approved the same
Mahindra Holidays & Resorts India is currently trading at Rs 338.40, up by 15.15 points or 4.69% from its previous closing of Rs 323.25 on the BSE.
The scrip opened at Rs 323.30 and has touched a high and low of Rs 345.25 and Rs 323.30 respectively. So far 251884 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 396.15 on 05-Dec-2024 and a 52-week low of Rs 241.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 345.25 and Rs 311.30 respectively. The current market cap of the company is Rs 6901.56 crore.
The promoters holding in the company stood at 66.74%, while Institutions and Non-Institutions held 15.45% and 17.81% respectively.
Mahindra Holidays & Resorts India has received approval from Board of Directors for entering into ‘Leisure Hospitality’ as a new line of business which shall be carried out through a wholly owned subsidiary of the Company viz. Mahindra Hotels and Residences India under the brand name ‘Mahindra Signature Resorts’. The Board of Directors of the Company at its meeting held on November 19, 2025 has approved the same.
The Company expects to make an initial investment of approximately Rs 1000 crore towards capex and setting up of this business in Mahindra Hotels and Residences India. The entry into leisure hospitality business will add scale and diversity to the existing business portfolio and will help it to attract fast growing categories and customers in the overall tourism sector.
The company is introducing Mahindra Signature Resorts, a luxury hospitality brand for the leisure market. These resorts will be designed for families who enjoy immersive experiences delivered with a sense of sophistication. The company targets scaling this brand to 2,000 keys by FY30.
Mahindra Holidays & Resorts India (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction.
